LONDON--National Grid PLC (NG.LN) said Friday that it has filed requests with the New York Public Service Commission to raise its gas distribution rates for two downstate New York gas distribution utilities.

The electricity and gas utility company has filed requests for KeySpan Energy Delivery New York, or KEDNY, serving parts of the New York City region and KeySpan Energy Delivery Long Island, or KEDLI, serving the Long Island/Rockaway Peninsula region. It is seeking an increase of $245 million in annual revenue for its KEDNY utility and a $142 million increase for its KEDLI utility for the 2017 rate year.

The filings also include rate year capital investments of $610 million for KEDNY and $340 million for KEDLI. The filing is expected to take up to 11 months to review and to conclude in December 2016, with new rates effective on Jan. 1, 2017.

Write to Tapan Panchal at tapan.panchal@wsj.com

(END) Dow Jones Newswires

January 29, 2016 12:02 ET (17:02 GMT)

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